Czech authorities have escalated a politically charged probe into a bitcoin donation that nearly toppled the government earlier this year. source: https://decrypt.co/335397/czech-police-detain-key-figure-bitcoin-donation-scandal

Binance, the world’s leading cryptocurrency exchange, has re-enabled its complete suite of Binance Earn offerings for eligible UK Professional Users after receiving updated guidance from UK regulators.

BIT Mining Ltd. (NASDAQ:BTCM) stock plunged 8% in Thursday's after-hours trading after the cryptocurrency mining company's half-yearly earnings disappointed investors. BTCM shares are retreating from recent levels. Watch the momentum here. source: https://www.benzinga.com/crypto/cryptocurrency/25/08/47147621/bit-mining-stock-sinks-8-after-hours-after-company-reports-deeper-than-expected-loss?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

New York Assemblymember Phil Steck has introduced a bill that would see the state tax the sale and transfer of crypto assets. source: https://cointelegraph.com/news/new-york-bill-would-tax-crypto-sales-transfers?utm_source=rss_feed&utm_medium=rss%3F__%3D1755238444788%26cb%3Dqa7xbv0zemf%26nc%3D1755238444788%26nocache%3D1755238444788&utm_campaign=rss_partner_inbound

According to Cointelegraph, unsuspecting cryptocurrency users have fallen victim to address poisoning scams, resulting in losses exceeding $1.6 million in just one week. This figure surpasses the total losses recorded in March, which amounted to $1.2 million. The scams involve mimicking legitimate wallet addresses, leading users to mistakenly copy and paste incorrect addresses during transactions. A notable incident occurred on Friday when a victim lost 140 Ether (ETH), valued at approximately $636,500, after copying a contaminated address from their transfer history. ScamSniffer, a crypto scam prevention platform, reported that the victim inadvertently sent funds to a lookalike address seeded in their transaction history. The platform emphasized that the victim's history was filled with poison address attacks, making it inevitable for the trap to succeed. Further reports indicate that another victim lost $880,000 worth of cryptocurrency to address poisoning on Sunday. Additional alerts revealed losses of $80,000 and $62,000 on Wednesday due to similar scams. Cybersecurity firms have compiled data showing that more than $1.6 million has been lost to scammers through address poisoning since Sunday. Address poisoning scams operate by sending small transactions from wallet addresses that closely resemble legitimate ones. This tactic deceives users into copying the wrong address when conducting future transactions. Web3 Antivirus, a blockchain security firm, explained that poisoners send minor transfers from addresses mimicking real ones, turning transaction history into a trap. In addition to address poisoning, malicious signature signing has contributed to significant losses. At least $600,000 was lost this week from victims who signed phishing signatures such as "approve," "increaseAllowance," and "permit." On Tuesday, a victim lost $165,000 worth of BLOCK and DOLO tokens after signing malicious signatures, as reported by ScamSniffer. ScamSniffer advises users to utilize an address book or whitelist and verify the full address before sending funds to prevent falling prey to these scams. The platform reiterated the importance of these precautions, highlighting the ongoing threat posed by address poisoning and malicious signature signing in the crypto space.

The US government redesignated Garantex on Thursday to its list of sanctioned entities, along with its successor, Grinex, but TRM Labs suggests it could be ineffective. source: https://cointelegraph.com/news/sanctioned-exchange-garantex-previously-had-a-contingency-plan-ahead-of-enforcement-actions?utm_source=rss_feed&utm_medium=rss%3F__%3D1755238444788%26cb%3Dqa7xbv0zemf%26nc%3D1755238444788%26nocache%3D1755238444788&utm_campaign=rss_partner_inbound

Spot ether ETFs in the U. S. posted $639. 6 million in net inflows on Thursday, continuing their inflow streak. source: https://www.theblock.co/post/367083/spot-ethereum-etfs-log-639-million-inflows?utm_source=rss&utm_medium=rss

XRP drops to $3. 05 amid $1B liquidations, but whale buying and technical signals suggest a $7 breakout may be ahead. source: https://cryptopotato.com/xrp-headed-to-7-the-expansion-phase-has-begun/

Bitcoin (BTC) notched a new all-time high above $124,000, capping a year-to-date climb of roughly 30-33% and nearly doubling from last year’s levels. The breakout is being powered by a potent mix of macro hopes for Federal Reserve rate cuts, surging risk appetite, and a regulatory jolt: a presidential executive order that opens the door […] source: https://www.cryptopolitan.com/bitcoin-smashes-record-above-124k/

Allegations of American Bitcoin's merger plans remain unconfirmed, lack official backing. source: https://coincu.com/354984-american-bitcoin-merger-rumors

Peter Schiff has fully embraced the idea of tokenized gold. Does it make sense? source: https://u.today/schiff-tokenized-gold-will-eat-bitcoins-lunch

How will USDT's native payment channel Stable capture the mainstream payment market?

Citigroup plans to offer custody services for assets backing stablecoins and cryptocurrency ETFs, aiming to meet new US rules. The bank is also developing stablecoin payment solutions for faster cross-border transactions.

Bitcoin experienced a sharp fall-dropping from its all time high of $214,457 to $118,730-after U.S Treasury Secretary Scott Bessent announced that the government would no longer be making additional purchases of Bitcoin for its strategic reserve and digital asset stockpile.

BTC, ETH, SOLANA, altcoins, Bitcoin is a separate beast, not what you think. Golden Finance, 99% of people have a completely wrong understanding of Bitcoin.

Economist Sumerlin believes a more aggressive rate cut is appropriate, potentially allowing for a 50 basis point reduction, while also emphasizing the importance of Fed independence. Jefferies market strategist David Zervos supports a significant rate cut, undeterred by unexpectedly strong U.S. producer price inflation data.

Golden Finance has launched the 2786th issue of "Golden Morning 8", a morning newspaper for the cryptocurrency and blockchain industry, providing you with the latest and fastest digital currency and blockchain industry news.

BMNR's new shareholders have been continuously eroding the rights and interests of old shareholders through additional issuance, but this is only masked by the rise of ETH.

Circle and Coinbase have formed a symbiosis around USDC.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.